Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 7.04 to 5.39 . . 11.49 (369.70%)
Intermediate 5.7 to 5.41 . . 11.49 (2096.55%)
Short 7.92 to 10.33 . . 8.8 (63.49%)